01 May 2024

New Jersey-based CoreWeave, which rents out chips to help create AI systems, raised $1.1B led by Coatue at a $19B valuation, five months after raising $642M (Asa Fitch/Wall Street Journal)

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New Jersey-based CoreWeave, which rents out chips to help create AI systems, raised $1.1B led by Coatue at a $19B valuation, five months after raising $642M (Asa Fitch/Wall Street Journal)